Investor Relations
DGAP-Adhoc: ALLGEIER SE: Allgeier divests b+m Informatik AG subsidiary

12/23/2015

ALLGEIER SE  / Key word(s): Mergers & Acquisitions

23.12.2015 15:48

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Munich, December 22, 2015 - Allgeier IT Solutions GmbH, a subsidiary of
Allgeier SE (ISIN DE0005086300, WKN 508630), has today reached agreement
with Main Capital Partners, The Hague (Netherlands), concerning the sale of
its subsidiary b+m Informatik AG, which has its headquarters in Melsdorf,
Germany. A corresponding acquisition agreement has been concluded for this
purpose, with the transaction to be concluded prospectively as of the
year-end.

The core business of b+m Informatik comprises business solutions for the
financial sector, where the company offers both standard products and
professional services for banks, savings banks and insurance companies. The
purchase price will lie within the normal market valuation range for the
type of business being sold, and will be paid when the transaction is
executed. A single digit amount in millions of euros will accrue to
Allgeier from the transaction.

The disposal occurs as part of the further focusing and integration within
the Allgeier Group in alignment with its core areas. Both parties are
convinced that the continuation of the successful business activities of
b+m Informatik with its new owner offers an optimal environment for the
company's further development and growth. Main Capital Partner is a
fast-growing investment, management and consulting company whose core
business focuses on the software industry in the Benelux states and
Germany, enjoying an extensive network within this area. Allgeier, Main
Capital and b+m Informatik are equally open to further cooperation.

Contact:

Allgeier SE
Corporate Communications & Investor Relations
Dr. Christopher Grosse
Wehrlestrasse 12
81679 Munich
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
Email: ir@allgeier.com
Web: www.allgeier.com

Allgeier SE is one of the leading IT companies for Business Performance
today: Allgeier combines the advantages of an international provider with
the merits of medium-sized companies with a growth strategy oriented
consistently to innovations and future trends, and an integrative business
model. Operating divisions, each with their individual specialist or
sector-related focal points, work together for more than 3,000 customers
from almost all sectors. With a highly flexible delivery model, Allgeier
covers the full range of IT services, from on-site and nearshore through to
offshore: A strong presence in India ensures flexibility and maximum
scalability of the services, supplemented by highly qualified expertise in
high-end software development. With more than 6,000 salaried employees and
around 1,400 freelance IT experts, Allgeier, as a one-stop shop, offers
customers a comprehensive portfolio of solutions and services. Allgeier's
customers include globally operating groups as well as innovative
medium-sized operations that wish to secure strategic advantages through
high-performing IT solutions, intelligent software and flexible personnel
services. This high-growth company, which is based in Munich, Germany,
operates 100 sites in the German-speaking region, and at further locations
in the rest of Europe, as well as in India, Singapore, Mexico and the USA.
In 2014 Allgeier generated EUR 428 million of revenue (continued
operations), according to preliminary figures. Allgeier SE was ranked first
in the Lünendonk(R) List 2015 of "Leading German medium-sized IT consulting
and system integration companies". The Allgeier Experts division ranks
among the top three IT personnel service-providers in Germany according to
the Lünendonk(R) 2015 market segment study "The market for recruiting,
mediating and managing IT freelancers in Germany". The company is listed on
the regular market of the Frankfurt Stock Exchange in the General Standard
segment (WKN 508630/ISIN DE0005086300). Further information is available on
the company's website at: www.allgeier.com.


23.12.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      ALLGEIER SE
              Wehrlestraße 12
              81679 München
              Germany
Phone:        +49 (0) 89 - 99 84 21 0
Fax:          
E-mail:       info@allgeier.com
Internet:     http://www.allgeier.com
ISIN:         DE0005086300
WKN:          508630
Indices:      CDAX
Listed:       Regulated Market in Frankfurt (General Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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